Please use TAccount-1 to answer Taccount-2 part (action5). Please explain the answer for each highlighted field in Action 5

Any addition to checking adds to reserves. Excess reserves can be transitioned to loan Any reduction in checking is paid for out of reserves. Assume the bank has required reserves of 10%% Action 1 John deposits $100 cash in the bank to open a cecking account Bank of TAMUT Assets Required Excess Liabilities/capital Reserves 10 90 100 John Checking How much cash exists 100 Action 2 The bank makes a loan to Janet for 905 Bank of TAMUT Assets Loans Required Excess Liabilities/capital Reserves 10 90 100 John Checking Loan Janet 90 How much money (ml) 100 How much excess reserv 90 Action 3 Janet spends the 905 on a bike. The bikeshop owner deposits the $ in a checking account in the bank Bank of TAMUT Assets Loans Required Excess Liabilities/capital reserves 10 06 100 John Checking Loan Janet 90 reserves 9 81 30 Bike Shop checking How much money (m1) 190 How much excess reserv 171